WILTON, Conn., Feb. 21, 2018 (GLOBE NEWSWIRE) -- Cadenza Innovation, the pioneering provider of lithium-ion-based (Li-ion) energy storage solutions for license to battery manufacturers, today announced that Founder and CEO Dr. Christina Lampe-Onnerud will be a keynote speaker at the New York Battery and Energy Storage Technology Consortium’s (NY-BEST) Annual Meeting and Conference. Now in its eighth consecutive year, the 2018 event, “Capture the Energy,” will take place March 14-15 at the Albany Capital Center in Albany, New York.

Lithium-ion, deemed the “undisputed king” by Greentech Media, dominates as the leader in utility-scale advanced storage technologies. With industry analysts such as Bloomberg New Energy Finance predicting the continued drop in Li-ion battery pack prices, a new generation of scalable, robust, safe and economically compelling battery solutions for the utility and EV sectors continue to drive unprecedented global demand.

Led by Governor Andrew Cuomo, New York State’s newly proposed energy storage initiatives – including a 1.5 GW target for energy storage deployments by 2025 – are fueling tremendous opportunities for advanced battery solutions to transform the electric grid and transportation systems. Featuring keynote speakers from the New York Offshore Wind Alliance, the Public Service Commission and other industry leaders, Capture the Energy 2018 will bring together energy storage visionaries to explore batteries’ critical role in creating powerful, clean and more efficient systems. Key among those topics will be discussions about the policies and technologies affecting the future of energy storage in New York.

“As New York continues to establish benchmarks for cleantech innovation, NY-BEST’s Annual Meeting and Conference provides a forum for propelling ideas into action,” said Dr. William Acker, Executive Director of NY-BEST. “Our organization welcomes the ability to serve as a key partner for the state as it identifies, fosters and deploys clean technologies that benefit its businesses and consumers alike.”

“Dr. Lampe-Onnerud’s extensive knowledge and experience is a tremendous resource to us and the conference’s audience of entrepreneurs, industry leaders and researchers,” Dr. Acker continued. “Her insights into advanced energy storage techniques and global dynamics are invaluable. We’re thrilled to have her join us as a keynote speaker.”

“It’s an exciting time for energy storage in New York – and globally. While advanced battery technologies have evolved substantially during the last decade, industry players must now deliver a new generation of batteries that equally prioritize cost, safety and efficiency,” said Dr. Lampe-Onnerud. “With Governor Cuomo’s vision for clean and renewable energy, the potential for collaboration and innovation is boundless and I’m honored to be joining the esteemed group at NY-BEST’s Annual Meeting and Conference to continue to unlock that potential.”

A featured speaker at the NY-BEST Conference in 2016 – where she shared her personal experiences in building and growing an energy storage company – Dr. Lampe-Onnerud’s 2018 keynote will address the new energy future and the battery system designs necessary for the utility and automotive industries. As part of her remarks, Dr. Lampe-Onnerud will discuss China’s rapid market ascent and how the country’s policies, combined with globally interconnected supply and manufacturing chains, represent key opportunities and challenges alike for U.S.-based cleantech companies. The keynote will take place on Thursday, March 15 at 9:10 a.m. EDT.

Cadenza Innovation is backed by financial resources that include oversubscribed Series A funding as well as support from The New York State Energy Research and Development Authority (NYSERDA), among others. The company’s groundbreaking Li-ion supercell, for which it recently received its first two patents, drives new benchmarks in cost, safety, energy density and ease of manufacturing – parameters that until now have been considered mutually exclusive. The company’s initial target markets include EV/transportation and grid storage.

About Cadenza Innovation, Inc.
Founded in 2012 by a team of the world’s pre-eminent lithium-ion battery experts with more than 125 patents, Cadenza Innovation is capitalizing on its intellectual property, field-proven operational and mass production expertise and partner network to establish itself as a leader in low cost, safe and energy dense storage solutions. Licensing its technology for immediate access, company executives have held key roles at lithium-ion battery cell, pack and system provider Boston-Power, investment firm Bridgewater Associates, consulting firm Arthur D. Little and other globally respected organizations. Cadenza Innovation is backed by more than $10 million in oversubscribed Series A funding led by Golden Seeds and has earned funding from the U.S. Department of Energy and the states of New York, Connecticut and Massachusetts. Headquartered in Wilton, Connecticut, the company has advanced technology development labs at 1 Duracell Drive in Bethel, Connecticut. For more information, visit www.cadenzainnovation.com.

All product and company names herein may be trademarks of their respective owners.

Contact:
Bryan Grillo
CHEN PR for Cadenza Innovation
bgrillo@chenpr.com
781.672.3129

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8da9d557-d8a7-440e-a2a6-6f8cffcd014b